Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Nvidia to invest up to $2.1 billion in IREN as part of AI data center deal
May 7 (Reuters) - Nvidia will invest up to $2.1 billion in data center operator IREN, as part of a broader deal to deploy up to 5 gigawatts of infrastructure to keep up with soaring artificial intelli...
May 07, 2026
BILL cuts about 30% jobs to boost profitability, shares jump
May 7 (Reuters) - Payments firm BILL said on Thursday it was cutting its workforce by up to 30% in an effort to increase profitability, sending its shares up over 8% in extended trading. The company s...
May 07, 2026
Motorola Solutions raises annual forecasts on robust demand
May 7 (Reuters) - Motorola Solutions on Thursday raised its full-year revenue and profit forecasts, driven by strong demand for its critical communications equipment and video security systems. The co...
May 07, 2026
Cloudflare to cut about 20% workforce as AI adoption reshapes operations
May 7 (Reuters) - Cloudflare said on Thursday it would cut about 20% of its workforce as the company restructures operations around the rapid adoption of artificial intelligence tools, and forecast se...
May 07, 2026
Microchip Tech forecasts quarterly revenue above estimates on strong chip demand
May 7 (Reuters) - Microchip Technology forecast first-quarter revenue above estimates on Thursday, betting on strong demand for its chips used in industrial and automotive sectors. Shares of the Chand...
May 07, 2026
Apple, Meta warn Canadian bill could force them to weaken encryption
By Stephen Nellis SAN FRANCISCO, May 7 (Reuters) - Apple and Meta have publicly opposed a Canadian bill that the companies say could require them to break the encryption of their devices and services ...
May 07, 2026
Coinbase logs second straight quarterly loss as crypto trading momentum fades
By Rishab Shaju and Pritam Biswas May 7 (Reuters) - Cryptocurrency exchange Coinbase Global on Thursday recorded a second-consecutive quarter of losses, as a crypto-driven market volatility sapped the...
May 07, 2026
Block raises annual gross profit outlook as Cash App stands out
May 7 (Reuters) - Jack Dorsey-led Block raised its full-year outlook on Thursday as the payments firm benefited from resilient consumer spending and strong growth in its core businesses. The Oakland, ...
May 07, 2026
CoreWeave signals higher capex as component costs rise, shares fall
By Juby Babu May 7 (Reuters) - CoreWeave Inc raised the lower end of its annual capital expenditure forecast on Thursday, citing a rise in the prices of components, sending the cloud infrastructure te...
May 07, 2026
Gen Digital forecasts annual results above estimates on strong cybersecurity demand
By Zaheer Kachwala May 7 (Reuters) - Antivirus software provider Gen Digital forecast fiscal 2027 revenue and profit above Wall Street expectations on Thursday, betting on strong demand as consumers s...
May 07, 2026
